Analysis of August Mono Ammonium Phosphate【MAP】 Market

Mono Ammonium Phosphate(MAP) prices fell in early this month, starting from
the end of discussion up. Monitoring data show, beginning of August mono
ammonium phosphate powder market price 2012.5 (RMB)/ton, the month of 1993.75
(RMB)/t, down by 0.93%.

Second, the analysis are reviewed

Early this month mono ammonium phosphate market continued to slump in the
early trading, prices declined by 1.24% August 22 mono ammonium prices begin to
stabilise, and there are clear signs of rebounding. August 22-30th, an ammonium
agent prices rose slightly higher, gains in 0.31%, the first increase since
April this year. Early ammonia prices fell mainly because the AP market
downturn, factory shipments difficult starting from the end, a rise and analysis
of ammonium: reason, August ammonia prices rise sharply, sulfur prices between
August 5 and rose as high as 6.73% and phosphate prices began to stabilize in
late August, a rising cost of ammonium. Reason two, phosphate fertilizer
production and demand is peaking, increasing demand for ammonium; ammonium three
reasons, the international price stability. FOB monoammonium international in
late August: $ 445-470 in the Baltic Sea, Morocco $ 480-490, prices held steady.
CIF: Argentina US $ 469-475, low-end-1 US $ Brazil $ 480-485, held steady.